4,362 enterprises and organizations set up in Azerbaijan this year

Azerbaijans State Statistics Committee has said 4,362 enterprises and organizations were established in the country in the first half of 2016. According to official figures, it is 29.7 % more than last year.

The committee said 63.1% of the enterprises were set up in the capital Baku.

Official figures show that 48,911 people registered with tax authorities to engage in private business in the first six months of 2016, a 30.5%-growth against the previous year.

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